Tom and Sherri Boyce Family Foundation

TULSA, OK EIN: 87-3826227

Tom and Sherri Boyce Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TULSA, OK. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $911K in total assets. In 2024, it awarded 11 grants totaling $79K. Net investment income was $54K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$911K

-2.7% YoY

Annual Giving

$79K

+50.8% YoY

Grant Count

11

+22.2% YoY

Avg Grant Size

$7K

+23.4% YoY

Under IRS private-foundation payout rules, Tom and Sherri Boyce Family Foundation reported a distributable amount of $47K for 2024 — the minimum it must pay out in qualifying distributions.

About Tom and Sherri Boyce Family Foundation

Based on IRS filings

Tom and Sherri Boyce Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TULSA, OK. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $911K in total assets. In 2024, it awarded 11 grants totaling $79K. Net investment income was $54K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Cities

Broken ArrowEdmondGalvestonJacksonvilleJenksMemphisSand SpringsStaten IslandTampaTulsa

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$275K$551K$826K$1M2021202220232024
Metric202420232022
Total Assets$910,984$936,424$959,623
Revenue$58,509$33,833$7,027
Expenses$83,906$57,012$48,762
Qualifying Distributions$79,349$52,631$43,866
Net Investment Income$53,970$29,452$19,955
Distributable Amount$46,673$43,222$45,709

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$79K0 grants202110 grants20229 grants202311 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

CITY SERVE OKLAHOMA$25KLISA BAIN MINISTRIES TULSA$13KBROKEN ARROW CHAMBER COM…$13KEASTERN OKLAHOMA CATHOLI…$10KSHRINERS CHILDREN'S$5KST JUDE CHILDRENS RESEAR…$3KFOSTERING HOPE$3KFAMILY AND CHILDREN SERV…$2KTUNNEL TO TOWERS FOUNDAT…$2KHOSPITALITY HOUSE OF TULSA$2K

Grant Size Distribution

30 grants across all recorded years

30<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include City Serve Oklahoma ($25,000), Lisa Bain Ministries Tulsa ($13,000), Broken Arrow Chamber Commerce ($12,525).

RecipientPurposeAmount
CITY SERVE OKLAHOMA JENKS, OKGENERAL FUND$25,000
EASTERN OKLAHOMA CATHOLIC CHARITIES TULSA, OKGENERAL FUND$10,150
FAMILY AND CHILDREN SERVICES TULSA, OKGENERAL FUND$2,000
LISA BAIN MINISTRIES TULSA TULSA, OKGENERAL FUND$13,000
MATHIS BROTHERS PARTNERING WITH FAMILY AND CHILDREN SERVICES TULSA, OKFAMILY AND CHILDREN SERVICES$1,674
ST JUDE CHILDRENS RESEARCH HOSPITAL MEMPHIS, TNGENERAL FUND$3,000
TUNNEL TO TOWERS FOUNDATION STATEN ISLAND, NYGENERAL FUND$2,000
SHRINERS CHILDREN'S TAMPA, FLGENERAL FUND$5,000
HOSPITALITY HOUSE OF TULSA TULSA, OKGENERAL FUND$2,000
FOSTERING HOPE TULSA, OKGENERAL FUND$3,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
THOMAS W BOYCETRUSTEE0.5
SHERRI L BOYCETRUSTEE0.5

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Tom and Sherri Boyce Family Foundation?

Tom and Sherri Boyce Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TULSA, OK. It holds $911K in total assets as of 2024.

How large is Tom and Sherri Boyce Family Foundation?

As of 2024, Tom and Sherri Boyce Family Foundation holds $911K in total assets with $59K in annual revenue. It awarded 11 grants totaling $79K in 2024.

Where does Tom and Sherri Boyce Family Foundation operate?

Tom and Sherri Boyce Family Foundation has awarded grants in Florida, New York, Oklahoma, Tennessee, Texas.

What size grants does Tom and Sherri Boyce Family Foundation award?

In 2024, Tom and Sherri Boyce Family Foundation awarded 11 grants totaling $79K — an average of about $7K per grant, based on its IRS Form 990 filings.

How much is Tom and Sherri Boyce Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Tom and Sherri Boyce Family Foundation reported a distributable amount of $47K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Tom and Sherri Boyce Family Foundation's EIN?

Tom and Sherri Boyce Family Foundation's EIN (Employer Identification Number) is 87-3826227. IRS Form 990 filing data is available on this page for 2021–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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